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Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item |
Resideo Technologies unit to redeem 6 1/8% notes due 2026 via new notes
By Marisa Wong
Los Angeles, Aug. 9 – Resideo Technologies, Inc. wholly owned subsidiary Resideo Funding Inc. plans to redeem all of its outstanding 6 1/8% senior notes due 2026 using proceeds from an offering of new notes due 2029, according to a news release.
There is currently $260 million of the 2026 notes outstanding.
Any remaining proceeds from the new notes will be used for general corporate purposes.
The manufacturer of technology focused products is based in Austin, Tex.
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